Get in Touch
 Duration 21 hours

Course Outline

Fundamentals of Cost-Effectiveness Analysis

  • The strategic value and intent of cost-effectiveness thinking
  • Distinguishing cost-effectiveness from other evaluation methodologies
  • Structuring decision questions and defining viable alternatives

Recognizing and Assessing Costs

  • Direct, indirect, and opportunity costs
  • Strategies for cost classification and distribution
  • Leveraging cost data in comparative evaluations

Recognizing and Assessing Outcomes

  • Variations in outcome types across different industries and settings
  • Measuring performance, benefits, and impact
  • Integrating qualitative outcomes into structured analysis

Cost-Effectiveness Ratios and Comparative Studies

  • Average cost-effectiveness ratios
  • Incremental cost-effectiveness ratios
  • Applying ratio interpretation to support decision-making

Decision Models and Analytical Methods

  • Utilizing decision matrices and scoring frameworks
  • Conducting sensitivity analysis on critical variables
  • Building scenarios and comparing alternative options

Managing Uncertainty, Assumptions, and Verification

  • Mitigating data gaps and incomplete information
  • Testing the robustness of cost and outcome inputs
  • Validating conclusions for stakeholder scrutiny

Reporting and Communicating Findings

  • Creating concise evaluation summaries
  • Visualizing comparative data and key insights
  • Substantiating recommendations with evidence

Practical Workshop: Executing a Complete Cost-Effectiveness Evaluation

  • Analyzing a scenario with multiple options
  • Implementing end-to-end analytical procedures
  • Producing a decision-focused evaluation deliverable

Recap and Future Directions

Requirements

  • A solid grasp of core financial or analytical principles
  • Practical experience in assessing project choices or alternatives
  • Proficiency in basic quantitative logic

Intended Audience

  • Specialists engaged in decision analysis processes
  • Leaders tasked with appraising project or investment opportunities
  • Analysts providing support for business, technical, or policy-related decisions

Number of participants


Price per participant

Testimonials (2)

Upcoming Courses

Related Categories